- Law must change to go after companies allowing financial crime, MPs urge
MLex: Companies must be more easily prosecuted for failing to prevent economic crime, the All-Party Parliamentary Group on Anti-Corruption and Responsible Tax have urged, beyond current legislation that only punishes failures to prevent bribery or tax evasion. A proposed amendment to the Financial Services Bill, debated in Parliament on 13 January 2021, seeks to toughen the regime.
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